1、 Melamine price trend:
(Figure: P value curve of melamine product)
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2、 Market analysis:
Melamine market has been stable in recent years. According to the data of monitoring samples from business associations, as of June 15, the average price of melamine enterprises was 5066.67 yuan / ton, which was the same as that of June 1, and decreased by 1.30% compared with that of April 15.
Supply and demand: at present, when some enterprises shut down for maintenance, the start-up rate of melamine has declined, and the supply side has shrunk, but the downstream demand is still not enough. In addition, due to the weather in some areas, the digestion capacity of melamine sources is limited.
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Raw urea: according to the monitoring sample data of the business agency, the ex factory price of urea in Shandong Province rose slightly (6.8-6.12) this week, and the quotation rose from 1656.67 yuan / ton at the beginning of the week to 1680.00 yuan / ton at the end of the week, an increase of 1.41%, down 11.89% year on year. Overall, the urea market rose slightly this week, with the urea commodity index at 78.14 on June 12. At present, agricultural demand has declined slightly, and the downstream industry has general enthusiasm for urea procurement. It is expected that the short-term urea market will fluctuate slightly and fall mainly.
3、 Future forecast:
Melamine analysts of the business club believe that the recent slight rise in the price of raw urea has limited support for the cost of melamine, and the current supply has been reduced, but the downstream demand power is insufficient. It is expected that the melamine market will be mainly stable in the short term.
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